Tag Archives: Bitmex

Just when it seemed like it could not get worse for the Bitcoin HODLERS, the BTC price plunges further. According to data from Messari, BTC dropped below a key support level of $8,000, touching the $7,800 mark. As we published earlier, the BTC price plunged by over $1,000 to settle below $8,500. Now another support has been breached.The biggest crypto has now entered the $7,000 region for the first time since June amid a severe $30 billion sell-off in the crypto market. In just 5 days, the...

Yesterday's catastrophic market implosion thrust the bitcoin price into a devastating 17% downward spiral that saw it dive as low as $8,000 before stabilizing.Once the bleeding finally stopped, crypto investors were left with two paralyzing questions: what happened, and where does bitcoin go from here?Diagnosing Bitcoin's Brutal PlungeBTC/USD cascading amid a market sell-off | Source: TradingviewJaded investors got what they wished for Tuesday as volatility washed over bitcoin and the broader...

Well, after yesterday’s crypto bloodbath, probably the biggest thing enthusiasts and traders are asking themselves is, “What the heck could have made bitcoin and its altcoin cousins fall so badly like that?”Bitcoin and Crypto Falls HeavilyBitcoin, with virtually no signs whatsoever, lost more than $1,000 in just a matter of minutes, falling from about $9,480 at this time yesterday to roughly $8,110. By the mid-afternoon, the currency had jumped back up to $8,600, but at press time, it has...

According to data published by Datamish, $651 million in BTC was liquidated on BitMEX as the bitcoin price abruptly plunged by more than $1,500 within merely several hours, causing most major crypto assets like Ethereum and EOS to plummet by nearly 20 percent. $651 million long contracts on BitMEX liquidated as the bitcoin price drops $1,500 | Source: DatamishLiquidation on margin trading platforms like BitMEX describes the process in which traders lose their entire positions that are...

Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead. “I think they’re already dead,” said Hayes about Satoshi, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. Satoshi is said to have 980,000 BTC, worth $9.716 billion based on the current value of bitcoin at $9,913. BitMEX CEO Arthur Hayes. | Source: Source: YouTube/BitMEXEarlier this year,...

Currently, the world’s fourth-largest cryptocurrency by market cap is Bitcoin Cash (BCH) and has been for a minute. Even at this position and with a market cap of $5.37 billion, not a lot is usually heard about BCH compared to its “senior colleagues” like Bitcoin (BTC), Ether (ETH) and XRP. However, Roger Ver is planning to do something about all of that dormancy as there are strong plans by Bitcoin.com, to increase BCH adoption through a futures project.According to David Shin, the head of...

On Monday, September 9, Binance CEO Changpeng Zhao announced the official launch of Binance Futures. To get an early idea of the market before launch, Binance unveiled its crypto futures testnet last week. The futures testnet was available for a period of five days and launched on two platforms Futures A and Futures B.The two platforms were pitched against each other to see which one performs better. Binance’s own development team created the Futures A platform whereas Binance’s crypto...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 699. Heute geht’s um folgende Themen: BitMEX „gratuliert“ Binance: Dokument zu Futures-Plattform ein Plagiat, Marshallinseln führt nationale blockchainbasierte Währung ein, Jack Dorsey sagt Bitcoin ist keine Währung. 1.) BitMEX „gratuliert“ Binance: Dokument zu Futures-Plattform ein Plagiathttps://de.cointelegraph.com/news/bitmex-congratulates-binance-on-plagiarizing-its-futures-platform-doc 2.) Marshallinseln...

BitMEX accuses Binance of plagiarism, but it's not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN.Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in its recently-launched crypto derivatives testnet.On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch,...

Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...